First Ever EntertainFi metaverse UVP Launched Amidst a Crypto Bear Market
SINGAPORE, Oct. 05, 2022 (GLOBE NEWSWIRE) -- An NFT project with great growth potential, UniVerse Platform or UVP, has quietly entered the NFT circuit. UniVerse Platform (UVP) happens to be the first EntertainFi metaverse. The developers created the NFT to empower a variety of entertainment content, including games, animations, movies, VR, etc., thereby facilitating gamers with E2E (Entertain to Earn) via unique token models and designs.
Relying on a unique United Innovation Engine, 3D animation whole-process system, and DAO mechanism, UVP helps users to jointly build a sustainable Web 3.0 metaverse world. UVP is a multi-faceted entertainment platform based on the well-known Asian animation IP Tulpa Mancer. NFT is a hybrid NFT of PFP and Utility, which is based on the IP animation characters. As Tulpa Mancer is a well-known animation IP popular in Asia, the developers wanted to introduce its character CG and action models to make it more attractive.
"The NFT market started falling off a cliff since May 2022, thereby opening up a bear market. In the second half of May, there used to be a wave of crappy, ugly and grotesque NFT projects, which are unbranded without roadmap, utility, or even Creative Commons 0. At present, many GameFi products overemphasize the economic attribute but ignore the recreational attribute. As a result, the projects can attract many speculators instead of game users in the early stage. Once the short-term return declines, they'll quit. Consequently, the liquidity of the products will drop rapidly, which will result in death spiral until collapse. The CG of many GameFi products is roughly produced, with predictable relationships between characters and weak storylines. There is still a remarkable gap between them and the mainstream web 2.0 games. It is difficult to attract incremental users to the industry", said one of the key developers from the UVP team.
"Our team has years of experience in animation, film and game development, and excels in ongoing development and long-lasting operation. Most importantly, UVP's Tulpa Mancer has a strong storyline, and the anime has tens of millions of Asian fans. What makes UVP stand out is that UVP comes with web2 traffic, which means UVP's NFT will have a strong potential mobility", added the developer.
According to the developer, UVP supports a powerful IP ecology. The EntertainFi meta-universe ecology that UVP will create is not limited to NFT, games and animation, and compared to other NFTs, UVP has higher credibility and success rate, the developer maintained.